A law firm, who along with Piper Alderman and one other firm, is being sued for negligence by a schoolteacher wrongly jailed for the indecent assault of two children has lost a bit to amend its defence at the commencement of the trial.
A law firm has lost its bid to appoint a costs referee after reaching a $5.8 million class action settlement with the On The Run convenience store chain, saying it was âhurtfulâ for a judge to suggest the firm wanted to âmaximise its positionâ over group members.
A judge has suggested that financial services giant AMP bring an application for summary dismissal of part of a class action over allegedly excessive insurance premiums, questioning the basis for the claims.
A judge has signed off on a $7.2 million penalty against Dixon Advisory after the company admitted to ASIC allegations that its advisors failed to act in its clients’ best interests by recommending they invest in a risky US-based real estate investment fund.
The entity that employs the workforce of the On The Run convenience store chain has agreed to pay $5.8 million to settle a class action accusing it of underpaying over 8,000 workers over a six-year period.
Failed asset manager Blue Sky Alternative Investments has been served with a class action over the companyâs alleged overstated financial reports between 2016 and 2018 that also targets nine former directors as well as auditors Ernst & Young.
A shareholder class action against Ernst & Young over its alleged inflation of assets owned by sandalwood producer Quintis has argued the accounting firm should be allowed only one expert witness, who should collaborate with a competing expert chosen by the investors.
The liquidator of Fogo Brazilia has lost a bid for a gross sum costs order against the restaurant chain, after a judge found that legal representatives Piper Alderman did not appear to appropriately delegate, with hours of grunt work performed by a partner at the firm.
The Australian Securities and Investments Commission will not seek to enforce a $7.2 million penalty agreed to by Dixon Advisory after admitting to the regulatorâs allegations that it failed to act in its clients’ best interests.
Irish insurer Zurich Insurance has refused consent for a class action over a defective New Zealand apartment block to proceed in the NSW Supreme Court as it mulls a High Court challenge to the case.